Of course this is not the first time this has happened. A few years ago, he invested in some property off shore for hundreds of thousands of dollars, and the deal went south.
This allegation - at its heart - is over $275,000. Now, I'm not going to say its chump change. And if the guy stole it, then certainly its wrong.
But consider this: Taylor has made more than $30,000,000 in his playing career, and has more from endorsements and other things (like Dancing with the Stars). So, the amount represents less than 1% of his net worth. Which would equate - in average Joe dollars - to $500 off of a $50,000 salary. Again, I'd be pissed if someone stole $500, but it wouldn't be news worthy.
I find it interesting how the citizenry reacts to numbers sometimes - especially when there is a big name attached to it.